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About author: Shaurya Malwa

Shaurya is the Editor at BTCManager. After graduating in business from the University of Wolverhampton, Shaurya ventured straight into the world of cryptocurrencies and blockchain. He believes decentralizing the world's financial, economic, and political systems is mankind's next giant leap.

Kakao, South Korea’s largest mobile carrier, has signed a partnership with stablecoin project Terra to collaborate on a blockchain-based payments system, reported Korea Times on November 15, 2018. Kakao and Terra Partnership Kakao’s native blockchain platform “Klaytn” is a highly-scalable protocol with average block times of one second and the ability to deploy decentralized applications (dApps) for end users which…

Last week, cryptocurrency mining company Bitfarms filed a preliminary prospectus with the Ontario Securities Commission (OSC) in a bid to offer public shares on one of Canada’s most prominent bourses, reported Calcalistech on November 12, 2018. Shifting to Booming Canada Bitfarms CEO Wes Fulford noted Canada has “one of the most active public markets” in the burgeoning blockchain sector, with…

Singapore’s Monetary Authority (MAS) and National Stock Exchange (SGX) have partnered to develop a blockchain-based settlement process aimed exclusively at settling tokenized assets across diverse blockchain platforms, as per an official release on November 12, 2018. SGX Partners with MAS The two bodies have created a Delivery versus Payment (DvP) system to help simplify trade processes and quicken settlements cycles….

Paraguay’s hydroelectric powered-towns, long associated as dugouts for drug cartels, smuggling, and ammunition rackets, are now home to miners connected in a sophisticated network circuitry to mine cryptocurrencies for their owners. Giving Rise to Meaningful Industry In the city of Ciudad del Este, which is guarded by patrol teams by virtue of its close border proximity to Brazil and Argentina,…

Blockchain-based payments startup Travacoin is seeking $1.7 million via traditional funding methods to reimburse airline customers in the event of travel disruption, reported Irish Times on November 8, 2018. Airline Passengers to Receive Crypto Flight delays and cancellations are an incredibly common occurrence. As per data from FlightStats, over 470,000 flights were delayed, and 27,000 were canceled in October 2018….

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Bitcoin traders and investors were in for a record-setting month after the pioneer cryptocurrency registered its lowest-ever price volatility since inception, reported MarketWatch on November 5, 2018. Bitcoin Moves to Single Digit Fluctuation Historically, the digital asset has been known to fluctuate by double-digit percentages, but observers witnessed only minor price movements in late-October 2018. The narrow trading range saw…

A Bloomberg report on November 5, 2018, pointed out the vast inconsistencies in the amount of capital raised by Initial Coin Offerings (ICOs) raised in 2018, as per data compared on several websites. Lacking Consistency and Incentives In an industry that banks on providing transparency and accuracy to every dataset available for public viewing, the verifiable sources of information look…

The founder of Oyster Protocol, a cryptocurrency project which raised a modest 3,000 ETH in November 2017, has gone missing after an alleged “exit scam” which saw them print four million PRL tokens and disappear from all social media, as per an official tweet on October 30, 2018. Exit Scam Bells Oyster was among the most well-received cryptocurrency projects in…

A well-placed Russian official has called for global cryptocurrency standards to prevent money laundering and provide legitimacy to the industry while enforcing broad recommendations to control the sector, reported local news outlet Izvestia on October 29, 2018. FATF Asked to Act Fast Pavel Livadny, Vice President of the Federal Financial Monitoring Service of the Russian Federation (Rosfinmonitoring), has utilized the…

Establishing its dominance as the “Google of Cryptocurrencies,” San Francisco-based cryptocurrency exchange Coinbase raised $300 million in a recent Series E Round, as reported by Fortune on October 30, 2018. Coinbase a Crypto “Unicorn” As stated in a blog post, the $300 million round was led by New York-based Tiger Global, a premier venture capital fund, with contributions from Y…

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